Hearing alot about big data but not convinced that it will have much of an impact on process improvement?
Big Data is a wave that will eventually flow across all organizations in different ways, predicts Andy Jones, Head of Solutions at Software AG. At the moment organizations are starting experiment with big data especially in industries like financial services and retail, he says, and the key will be to ensure that the focus is on generating real value at every stage of the process.
In this PEX Network video interview, Andy Jones discusses some of the key challenges with big data, identifies the key industries where big data is currently having an impact, discusses the impact of big data on process improvement and process design, and elaborates on the differences between Business Intelligence and Big Data.
Data volume is found to be growing by 40% per year and will grow 44-fold between 2009 and 2020, according to McKinsey Global Institute.
If you're looking to to make Big Data work for your organization to create better value for your customers join your Big Data peers online 20 - 24 October 2014. Find out more about what will be discussed.